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Government Affairs Monthly Update – February 2024 – DC Chamber of Commerce [1]

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Date: 2025-08

DC Chamber Technology Subcommittee

On Thursday, January 24, 2024, the subcommittee met virtually to discuss how it can best benefit the DC Chamber and the business community generally. Led by Subcommittee Chair Yohannes Tefesse, the group discussed the idea of hosting an upcoming Chamber Technology Forum. This initiative will be further pursued at our next meeting scheduled for February 15, 2024 at 4:30 PM. If you are interested in joining the Technology Subcommittee, please contact Brett Allen ([email protected]) or Kevin Wrege ([email protected]).



Scorecard

The Chamber has formed a working group to build on the success of our first-ever Council Scorecard. The group is considering updates and enhancements to the current Scorecard. Please notify Brett Allen ([email protected]) or Kevin Wrege ([email protected]) if you are interested in participating. To download and view the full scorecard, please visit: https://dcchamber.org/2022-scorecard.

Tax Revision Commission

With the help of an expert working group, the Chamber has been providing the DC Tax Revision Commission (TRC) both our written input and oral testimony on dozens of tax reform proposals the TRC is actively considering.

The TRC recently released its Draft Chairman’s Mark and held its first public review session to summarize the Mark and gain initial Commissioner reactions to it. Our Working Group has intensified its efforts now that the TRC has released its initial set of draft tax proposals. The Commission has yet to reach consensus on the recommendations, or even on the threshold question on whether or not the proposals should net out as revenue neutral, and has scheduled at least two additional public meetings to discuss, debate and, likely, amend them. The Chamber is focused at this early juncture on the Business Activity Tax ($275 M annually) and the data excise tax ($7 M annually). We have been advised there will be ample opportunity for public comment in the coming weeks, and we expect to be fully engaged on that front. The Chairman’s Mark and a schedule of upcoming meetings can be found on the TRC’s website.

The Commission’s next meeting is scheduled for February 7, 2024 at 4:00 PM. Also, attached is a recently published piece by one of our working group member, Joseph Bishop-Henchman, that offers a fine summary of the major Chairman’s Mark proposals. Note that the package’s foundational tax increase comes in the form of the newly proposed “Business Activity Tax,” (or BAT) the revenues from which the Commission is proposing as an offset to pay for several tax cuts, as outlined in Joe’s article. We have recently learned that the TRC may be dropping the BAT from its list of tax proposals, which would have a materials impact on other proposals included in the Chairman’s Mark. There are also ongoing concerns about the scope and legality of the TRC’s data excise tax proposal.

Please notify Kevin Wrege ([email protected]) or Brett Allen ([email protected]) if you have questions or input.

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[1] Url: https://dcchamber.org/government-affairs-monthly-update-february-2024/#:~:text=Led%20by%20our%20sister%20advocacy,votes%20on%20February%206%2C%202024.

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